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XL Catlin
XL Group reports P&C combined ratio of 94.8% for Q4 2016
February 2, 2017 by Canadian UnderwriterXL Group Ltd. has reported a P&C combined ratio of 94.8% for the fourth quarter of 2016 ending Dec. 31, up 2.5% from the prior-year quarter. For the full year 2016, XL Group reported a combined ratio of 94.2% compared…
XL Catlin enhances professional liability insurance policy form for design professionals
September 16, 2016 by Canadian UnderwriterAddressing the changing professional liability insurance needs of architects, engineers and other design professionals is at the heart of XL Catlin’s enhancements to its Design Professional insurance policy form. One rapid change in the design professional industry reflected in the…
XL Catlin sponsors deep ocean survey to better understand climate change impacts
July 6, 2016 by Canadian UnderwriterXL Catlin will sponsor a new scientific survey to research the deep ocean, information from which will hopefully shed light on the potential impact of climate change and the risks that businesses, society and ecosystems will face in future. The…
XL Group shareholders approve redomestication to Bermuda, High Court of Ireland hearing scheduled July 20
June 24, 2016 by Canadian UnderwriterThe shareholders of XL Group plc have voted in favour of changing the company’s place of incorporation from Bermuda, the Dublin, Ireland-based insurance carrier announced Thursday. XL has been using the XL-Catlin brand for slightly more than a year, since…
XL Catlin adds rectification expense cover to contractor’s professional and pollution legal liability insurance
May 30, 2016 by Canadian UnderwriterContractors and environmental consultants in Canada and the United States now have access to enhanced protection under XL Catlin’s contractor’s professional and pollution legal liability insurance with the addition of rectification expense coverage. Standard professional liability coverage addresses third-party claims…
U.S. D&O insurance pricing pressure to dampen performance: Fitch
April 13, 2016 by Canadian UnderwriterMarket conditions are evolving in the directors’ and officers’ (D&O) liability insurance market in the United States, with merger and acquisition activity in 2015 facilitating greater market concentration, according to a new report from Fitch Ratings. The report, titled U.S.…